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When there are no significant barriers to entry, what happens in a market where economic profit is initially positive? Does competition always result in an efficient outcome in the long run?
In terms of the shareholder wealth maximization model, if the expected future profits of a firm are cut in half, what should happen to the share price?
The initial cost of a permanent park is $1,500,000. Annual maintenance and operation costs are $100,000 per year. Every 6 years, the park needs $400,000 to replace all facilities. At an annual interest rate of 10% per year, the capitalized cost of th..
In year 3, it jumps to $750 and increases $200 per year thereafter. What is the optimal life of the forklift? (i = 10%)
What is the amount of displacement in the spring? *yes we are treating all the springs as one big spring
Following are examples of typical economic decisions made by the managers of a firm. Determine whether each is an example of what, how, or for whom. Should the company make its own spare parts or buy them from an outside vendor? Should the company co..
Provide an answer in one well-developed paragraph that is at least three sentences long.
Price Quantity Demanded $200 1000 $150 1400 $100 1800 Suppose that the Tennessee Titans' owner, Bud Adams, is considering a plan in which fans who donate blood get a $20 reduction in their ticket price. If both ticket REVENUES and blood donations (i...
What is the difference between quality control and quality assurance?
In a two factor, two good heckscher-ohlin context, illustrate and explain the "production effect " of growth in the labor force in a relatively capital-abundant country, other things equal
If the economy is facing rising levels of inflation, what would the Fed do with its three monetary control tools? Why does the Fed buy government securities during a recession?
Consider a two-firm oligopoly facing a market inverse demand curve of P = 100 – 2(q1 + q2), where q1 is the output of Firm 1 and q2is the output of Firm 2. Firm 1's marginal cost is constant at $12, while Firm 2's marginal cost is constant at $20. In..
The purpose of this assignment is to analyze a current events article (i.e., only one) that you may choose from any online current periodical, trade magazine, or other electronic publication about a global digital ethical issue. While this assignment..
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